MSNBC Hosted By Cenk: Did TARP Work?

[CherylK]

Run time: 09:13 https://www.youtube.com/watch?v=tpX3qXHQwK4   Posted on YouTube: August 06, 2010 By YouTube Member: TYTInterviews Views on YouTube: 4347   Posted on DU: August 07, 2010 By DU Member: CherylK Views on DU: 1005

 
Cenk Uygur (host of The Young Turks) filling in Chris Jansing on MSNBC talks to MSNBC host Dylan Ratigan and CFAF's Christian Weller on if TARP was effective.

http://www.youtube.com/user/TYTInterviews

[jgraz]

1. K&R -- awesome to see Dylan in the "little box"

:D

[Turborama]

2. TARP was a loan

How are those repayments going? Also, are the costs related to managing of TARP added to the loan repayments?

[girl gone mad]

3. k & r

Christian Weller was just making stuff up.

Lending never recovered. TARP was just a tiny portion of the FIRE bailouts. We are in worse shape now, imo. We might as well have put the 12+ trillion in a big pile and burned it.

[BABarackus]

4. Cenk

I like Mr. Uygur and what he's doing. But, he is starting to look and sound a lot like Sean Hannity.

[sallyseven]

5. Right

I have a hard time liking him.

[CherylK]

7. LOL!!!

Most ridiculous thing I have heard all week!

:puke: :eyes: :crazy: :wtf: :dunce:

[Prisoner_Number_Six]

6. Cenk has really been climbing the mountain lately.

The best of luck to him on his way to the summit. :toast:

[Capitalocracy]

8. Did TARP work? Depends on what it was for.

If the point was to "stabilize" the economy, it's certainly less than clear. If the point was to make it possible for financial institutions to lend, it worked, but it failed to incentivize them to do so.

If, like me, you believe the purpose of TARP was to drain all the money out of the economy and put it in the hands of the rich, then yeah, it was a big step in the right direction.

K&R